McKeown, who has held senior executive positions with Guy Carpenter and ACE Tempest Reinsurance Company, has been appointed CEO of the investment management company recently formed by XL Group and fund managed by Stone Point Capital. 19 November 2013
Residual markets such as in Florida are a result of inconsistent pricing signals from traditional reinsurers. Convergence capital can help to smooth rate changes and in turn reduce the regulatory burden. 14 November 2013
Bermuda's inaugural Convergence 2013 event demonstrates the “responsiveness of Bermuda and its desire to maintain its leading position” as a global centre for risk transfer. 14 November 2013
The industry will need to pay attention to price discipline in response to the influx of new convergence capital, and as it struggles with troubled investment returns. 14 November 2013
The influx of convergence capital, which will top $100 billion over the next five years according to Bryon Ehrhart, will drive M&A and a push to source new risks for a growing pool of traditional and alternative capital. 13 November 2013
Despite suggestions from Florida’s CFO that consumers are losing out on savings made in reinsurance buying, insurers are in many instances passing on rate reductions to state consumers. 13 November 2013
The OBA government is committed to strengthening international business and nurturing talent that has been built up on Island over the past 70 years. 13 November 2013
Industry veteran, Dennis Mahoney--stressing his views are strictly his own personal opinions--believes convergence capital is here for the long haul. 12 November 2013
